Wind energy is one of the most abundant energy resources present in the Asia Pacific region, which makes it a potential source to be harnessed for fulfilling the energy demand in this region. Looking at the tremendous growth potential of wind energy, the Asian countries such as China, India, Japan and others are currently focusing on implementing a vast deployment of this resource.

The increasing focus on sustainable development along with a motto of reducing carbon and green house gas emissions is primarily acting as an impetus for the adoption of wind energy. Wind energy has significantly changed from being an alternative source of energy to a form of mainstream energy source for power generation. This change is visible due to the increasing reliance on wind energy owing to the recent development in the turbine technology, and factors such as fostering government incentives and declining costs of wind energy technology in the Asian countries.

The report on “Asia-Pacific Wind Energy Market Outlook, Focus on Equipment, Deployment and Geography: Estimation and Forecast 2015-2020” covers the overall wind energy market and the ecosystem that includes the equipments used in a wind energy project. Qualitative and quantitative analysis has been carried out for the wind energy market in the Asia-Pacific region. The qualitative data focuses on the market dynamic, trends, and developments in the wind energy sector; while the quantitative data provides the information of the market statistics in terms of capacity, generation, and revenue.

In the market overview chapter, the report talks about the evolution of wind energy along with investment analysis, and the dynamics of the wind energy market. The market dynamics highlights the key drivers and restraining forces along with certain untapped opportunities of this market. The report also provides a comprehensive section of the key consortiums and the authorities with their role in governing laws for the wind energy sector. The competitive insight offers a descriptive study on the impact of the Porter’s five forces on the wind energy industry. It provides the readers with an adequate understanding of the current status of the market by presenting detailed information on existing competitors as well as new competition in the market. The chapter also provides a market share analysis of top players on the basis of revenue.

Moreover, the report puts special emphasis on the wind energy market based on the types of deployment, i.e. onshore and offshore. These wind energy technologies are discussed thoroughly including the factors driving and restraining their growth potential in the APAC regions along with the opportunities for the future. The wind energy market is segmented by geography in the report including the major countries in the APAC region such as China, India, Japan, Australia, South Korea, and others. Further in the chapter, established and proposed wind projects are listed along with the major policies supporting wind energy in the Asian countries.

Owing to the increasing environmental concerns and associated regulations with regard to the deployment of wind energy, this sector is expanding at a double digit growth rate, with China acquiring the largest market followed by India. With the total installed capacity of 114.69GW in 2014 in the APAC region, the onshore wind sector is expected to reach cumulative installed capacity of 279.17 GW by 2020.

The key questions answered in the report are:-• What are the key drivers pushing the market growth of wind energy in APAC region?• What are the major challenges faced against the proliferation of wind energy generation in APAC region?• How are the new regulations and laws governing the wind market?• Who is the main governing body formulating the laws for wind energy sector in Asian countries?• Which region of APAC is leading in wind energy production?• What are the deployment types of wind energy market?• Which country will be having the highest growth rate by the end of the forecast period?

To create the energy security in the developing countries of Asia Pacific region, the abundantly available renewable energy resources are being widely adopted, in order to reduce reliance on the conventional sources of energy. With a total of 140 GW of wind energy produced from the onshore and offshore wind energy resources in 2014, the APAC region aims to achieve almost double of the installed capacity by the end of the forecast period from 2015-2020.APAC WIND ENERGY MARKET STATISTICS, 2015-2020

The countries covered in the report boast of favorable climatic conditions for harnessing wind energy to the utmost potential, which acts as a major boosting factor for driving the market in APAC region. While China has dominated the overall market in terms of capacity, generation, and revenue, India will be the fastest growing country in the remaining of this decade. Owing to the high conversion efficiency and zero green house gas emission aligned with declining prices of the wind energy technology, the wind energy sector has gained high traction in the past couple of years. However, high upfront cost of the wind energy equipment serves as a restraint in the overall growth of the market.

The wind energy sector is segmented as onshore and offshore wind farms on the basis of land or water based deployment. Due to the availability of land and other inexpensive resources in many of the Asian countries the onshore wind farms are mostly deployed in APAC region. The offshore wind energy sector is yet to achieve a wide scale adoption in this region primarily due to the cost involved in the installation of the wind turbines.

The APAC Wind Energy Market chapter is a compilation of comprehensive and rigorous research of the capacity, generation and revenue of wind energy market along with the equipments and their market statistics. The analysis has identified that rotor blades accounted for the highest market share in the year 2015, followed by gearbox. The market growth for gearboxes is anticipated to be fast in the forecast period from 2015-2020 at a CAGR of 4.64%.

The onshore wind energy market in China is dominating the wind energy sector with over half of the market share in terms of revenue. The total installed capacity of wind energy in the country is anticipated to grow higher in the next five years to achieve a cumulative target of 290.38 GW by 2020 by the APAC region. India will be growing at the fastest CAGR of 12.66 % through the forecast period to a reach the cumulative capacity of the APAC by the end of the forecast period. The other countries covered in the report are South Korea, Thailand, Indonesia, Philippines, Pakistan, and Malaysia among others.

The Asia-Pacific based companies leading in the wind energy market are Suzlon (India), Ming Yang (China), Mitshubishi Heavy Industries (Japan) and others. Some other major players having their operation in the APAC region are Vestas ( Denmark), Gamesa (Spain), and Enercon (Germany) among others.

This study focuses on China's Clean Energy industry assessments and company profiles. In the two past decades, the industry has been growing at a fast pace. The dramatic expansions of the manufacturing capabilities and rising consumer consumptions in...

$ 1,800.00

This study focuses on China's Oil and Gas Energy industry assessments and company profiles. In the two past decades, the industry has been growing at a fast pace. The dramatic expansions of the manufacturing capabilities and rising consumer consumpti...

$ 1,800.00

This study focuses on China's Alternative Energy industry assessments and company profiles. In the two past decades, the industry has been growing at a fast pace. The dramatic expansions of the manufacturing capabilities and rising consumer consumpti...

$ 1,800.00

This study focuses on China's Energy industry assessments and company profiles. In the two past decades, the industry has been growing at a fast pace. The dramatic expansions of the manufacturing capabilities and rising consumer consumptions in China...

$ 1,800.00

This study focuses on China's Clean Energy industry forecasts. In the two past decades, the industry has been growing at a fast pace. The dramatic expansions of the manufacturing capabilities and rising consumer consumptions in China have transformed...

$ 1,800.00

This study focuses on China's Oil and Gas Energy industry forecasts. In the two past decades, the industry has been growing at a fast pace. The dramatic expansions of the manufacturing capabilities and rising consumer consumptions in China have trans...

$ 1,800.00

This study focuses on China's Alternative Energy industry forecasts. In the two past decades, the industry has been growing at a fast pace. The dramatic expansions of the manufacturing capabilities and rising consumer consumptions in China have trans...

$ 1,800.00

Single User

$ 2,999.00

Site License

$ 4,850.00

Global License

$ 6,450.00

If the above report does not have the information
suitable for your business, we can provide custom research that
can be lucrative for your business or enhance your profession.